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Why is supermarket petrol in the UK cheaper than other brands?

Geoff Riley

7th January 2016

In recent weeks we have heard numerous stories of supermarkets engaged in price wars on the forecourt. The price of a litre of petrol has - in some localities - fallen below £1 and further price cuts are expected with global oil prices dropping to an eleven year low.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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